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Trump sues JPMorgan, CEO Jamie Dimon for $5 billion over alleged political debanking
Trump filed a $5 billion lawsuit accusing JPMorgan Chase and CEO Jamie Dimon of debanking him for political reasons.
Dimon warns credit card rate cap would be ‘disaster’
JPMorgan CEO Jamie Dimon says Trump’s proposed 10% credit card rate cap would slash access to credit and hurt consumers.
Wall Street rises as bank earnings, chip stocks rally
U.S. stocks rose as strong results from Goldman Sachs and Morgan Stanley lifted banks and TSMC boosted chipmakers.
US banking giants reap bigger profits as borrowers seek more loans
U.S. banking giants reported stronger fourth-quarter profits as loan growth accelerated, signaling momentum heading into 2026.
Wall Street falls with financials amid credit card rate plan
US. inflation rose in December as higher food and rent costs hit households, reinforcing expectations the Fed will hold rates.
Wall Street CEOs back Fed independence as Trump administration probes Powell
Wall Street CEOs back Fed independence after a Trump administration probe of Chair Jerome Powell sparks market and inflation concerns.
JPMorgan’s asset management arm to end use of proxy advisers in US, memo shows
Jan 7 (Reuters) – JPMorgan Chase‘s asset management division no longer plans to use proxy advisers in the U.S., according to an internal memo seen by Reuters on Wednesday, a move the bank described as an industry first. Conservatives and some business leaders have for years leveled complaints about proxy advisers and large fund managers, […]
Stocks slip as Wall Street awaits Fed rate decision
U.S. stocks were flat as investors awaited the Fed’s rate decision, with inflation concerns and rising Treasury yields shaping sentiment.
JPMorgan opens $3B Manhattan HQ redefining NYC skyline
JPMorgan Chase opened its new $3B, 60-story headquarters at 270 Park Avenue, a major post-pandemic architectural feat housing 10,000 employees.
Frank founder Charlie Javice gets 7 years for fraud
Charlie Javice, founder of student aid startup Frank, was sentenced to over 7 years for defrauding JPMorgan in a $175M deal.
Capital One $35B purchase of Discover Financial gets regulatory approvals
NEW YORK (AP) — The pending merger between Northern Virginia-based Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up closer to completion. The Federal Reserve and the Office of the Comptroller of the Currency signed off on the deal, which was first announced in February 2024. The Federal […]
JPMorgan logs Q1 profit of $14.6 billion as CEO warns of uncertainty over global trade, other events
NEW YORK (AP) — JPMorgan’s net income rose 9% to $14.6 billion in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but it’s chief executive warned of global economic uncertainties ahead due to President Donald Trump‘s ongoing trade war and other geopolitical tensions. CEO Jamie Dimon said a strong performance […]
